{"schema_version":"secwatch.filing_event.v1","accession":"0000041719-23-000030","form_type":"8-K","ticker":"MAGN","cik":"0000041719","company_name":"Magnera Corp","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.351582+00:00","generated_at":"2026-06-12T09:50:11.670639+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Glatfelter Q2 net loss $36.6M; guides FY EBITDA down to $100-110M","bullets":["Net sales $357M; GAAP net loss $36.6M ($0.82 EPS loss) vs $2.5M loss in Q2 2022.","Adjusted EBITDA $17.3M, down from $27.2M; adjusted EPS loss $0.45 vs $0.04 loss.","Operational issues: ~$3M from fires, ~$4M Ober-Schmitten closure losses, ~$3M forex/other.","Full-year Adjusted EBITDA guidance lowered to $100-$110M from prior outlook.","Turnaround Strategy contributed $7M earnings from price hikes and fixed cost cuts."],"urls":{"canonical":"https://secwatch.observer/filing/0000041719-23-000030","json":"https://secwatch.observer/filing/0000041719-23-000030.json","markdown":"https://secwatch.observer/filing/0000041719-23-000030.md","text":"https://secwatch.observer/filing/0000041719-23-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/41719/000004171923000030/0000041719-23-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/41719/000004171923000030/glt-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T09:50:11.670639+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8f8c2439da7a3bc8183631fb999e20273b7b1bb6","claim":"Magnera Corp reported three months ended June 30, 2023 results: revenue 357,005, net income -36,631, EPS -0.82. Guidance lowered.","evidence_excerpt":"which reinforces our stable business fundamentals,” said Thomas Fahnemann, President and CEO of Glatfelter. Three months ended June 30, Dollars in thousands 2023 2022 Net sales $ 357,005 $ 363,963 Net loss from continuing operations (36,631) (2,460) Adjusted loss from continuing operations (1) (20,450) (1,596) EPS from continuing operations (0.82) (0.05) Adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/41719/000004171923000030/0000041719-23-000030-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended June 30, 2023"},{"label":"Revenue","value":"357,005"},{"label":"Net income","value":"-36,631"},{"label":"EPS","value":"-0.82"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}